42. Ward Corporation issues 5,000, 10-year 8%, $1,000 bonds dated January 1, 2018. at 104. The journal entry to record the issuance will show a a. debit to Cash of $5,000,000. b. credit to Premium on Bonds Payable for $200,000. c. credit to Bonds Payable for $5,040,000 d. credit to Cash for S5,020,000. 43. If a check correctly written and paid by the bank for $418 is incorrectly recorded on the company's books for $481, the appropriate treatment on the bank reconciliation would be to add $63 to the bank's balance. add $63 to the book's balance. deduct $63 from the bank's balance. deduct $418 from the book's balance. a. b. c. d. 44. Evergreen Manufacturing Corporation purchased 4,000 shares of its own previously issued S10 par common stock for $92,000. As a result of this event, a. Evergreen's Common Stock account decreased $40,000 b. Evergreen's total stockholders' equity decreased $92,000. c. Evergreen's Paid-in Capital in Excess of Par account decreased $52,000. d. All of the above. Use the following information for #45 & 46: Eneri Company's inventory records show the following data: UnitsUnit Cost 5,000 4,500 3,000 Inventory, January 1 Purchases: June 18 $9.20 November 8 7.00 A physical inventory on December 31 shows 2,000 units on hand. Eneri sells the units for $13 each. Eneri uses the periodic inventory method. What is the cost of goods available for sale? a. $84,600 b. $89,000 c. $103,000 d. $162,500 45. Under the LIFO method, cost of goods sold is a. $14,000. b. $84,600. c. $86,520. d. $89,000. 46. The following data is available for Blaine Corporation at December 31, 2018: 47. $200,000 900 Common stock, par $10 (authorized 25,000 shares) Treasury Stock (at cost $15 per share) Based on the data, how many shares of common stock are outstanding? a. 25,000 b. 20,000 c. 24,940 d. 19,940